IRVINE, Calif. – Teletrade, America's largest fully automated Internet auction company for certified coins and currency, has officially launched “Teletrade Gold Rewards,” a frequent buyer program that rewards customer loyalty for buying coins and currency in Teletrade online auctions. The program kicked off on July 1, 2008, and is open to all Teletrade registered bidders at no additional cost to participate.

“To the best of our knowledge, this is the very first comprehensive rewards program for coin and currency buyers,” said Ian Russell, president of Teletrade. “We have thousands of loyal Teletrade customers who bid and buy with us in auction after auction and we wanted to create a program that thanks them for choosing Teletrade when they purchase their certified coins and currency. This program rewards them for making regular auction purchases with Teletrade, something they were doing anyway, and offers a fun and lucrative opportunity to get something back in return. Best yet, they get to make their own personal choices in the ways they are rewarded.”

The Teletrade Gold Rewards Program is open to all Teletrade registered bidders, which currently number more than 165,000 members. Present registered bidders have been automatically enrolled in the program, and new bidders are welcome to register at any time and will be automatically enrolled in the program, as well. There is no cost to participate in the program but auction purchases are required to earn Gold Rewards points.

Program participants will earn Gold Rewards Points with every Teletrade Auction purchase they make beginning July 1, 2008, which can be redeemed for their choice of exciting Teletrade perks and gifts, like gold and silver coins, discounts on auction purchases, free shipping, popular numismatic books, and many more exclusive Teletrade products and services. Complete details on the Teletrade Gold Rewards Program are available at www.teletrade.com/rewards or by calling Teletrade customer service at 800.949.2646.

Established in 1986, Teletrade is the largest and most active marketplace for certified coins and currency with more than 165,000 registered bidders and over 300,000 lots featured in our auction system each year. Teletrade offers 25,000 to 30,000 coin and currency lots each month in auctions held every Sunday, Monday and Wednesday, plus advertised special event sales on other days of the week. Visit www.teletrade.com for detailed information on auctions and prices realized, or call 800.949.2646 to speak to a representative.